Recent stock market swings reveal potential cracks in the artificial intelligence rally. High valuations in AI stocks are causing concern about a speculative bubble. Investors are watching for signs of a pullback. Comparisons are being made to past market manias. Valuations remain elevated, with risks around spending and capacity. Some leaders dismiss bubble fears, while others acknowledge potential impacts.
US stocks: S&P 500 ends nearly flat as US-Iran talks help stocks pare losses
S&P 500 ended almost flat as Microsoft declined, while Meta Platforms recorded gains amid ongoing market fluctuations. Oil prices surged following geopolitical tensions and a